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N200bn debt: NCC permits telcos to disconnect nine Nigerian banks from USSD service

  • The Nigerian Communications Commission has authorized telecommunications companies to disconnect USSD codes for nine banks due to unpaid debts.
  • Banks must settle their debts by January 27, 2025, or risk losing access to USSD services, as stated by Reuben Muoka.
  • The total amount owed by these banks exceeds N200 billion, with some debts dating back to 2020.
  • Consumers may lose access to USSD services from the affected banks if the debts remain unpaid, according to the NCC.
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